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Moonves: NBC’s Leno Move Helps CBS

CBS CEO Les Moonves said that NBC’s decision to put Jay Leno on in prime time will help his company’s bottom line. “We were the No. 1 network at 10 o’clock last year,” Mr. Moonves told analysts and investors during CBS’ quarterly earnings conference call...

Published Thu, May 7 2009 7:30 PM by News

Filed under: Broadcast, Cable, Digital, Advertising, CBS, NBC, Syndication, Jay Leno, Earnings, Les Moonves

AOL Saps Time Warner Q1 Earnings

Time Warner reported lower first-quarter earnings because of big losses at AOL, but said profits were up at what it called its “Content Group.” Net income was $661 million or 55 cents a share, down from $771 million or 64 cents a share a year ago. Revenues...

Published Wed, Apr 29 2009 9:58 AM by News

Filed under: Broadcast, Cable, Digital, HBO, Syndication, Earnings, Time Warner, Jeff Bewkes, Turner Broadcasting, AOL, Warner Bros., first quarter

NBCU 1st-Quarter Earnings Down 45%

First-quarter earnings fell 45% at NBC Universal, parent company General Electric announced Friday morning. While its cable networks continued to deliver double-digit growth, GE CEO Jeff Immelt said in a statement, “NBC Universal has a tougher performance...

Published Fri, Apr 17 2009 10:30 AM by News

Filed under: Broadcast, Cable, Digital, Syndication, NBC Universal, Earnings, General Electric, Jeff Immelt, Keith Sherin, first quarter

Media 1Q Earnings: Bernstein's Grim Outlook

Investment firm Sanford C. Bernstein on Wednesday released a new pessimistic report on media company earnings. “The recent run-up in media stocks suggests investors are looking past the horrid near-term trends to a happier place off in the horizon,” said...

Published Wed, Apr 8 2009 8:22 AM by News

Filed under: Broadcast, Cable, Digital, Advertising, CBS, Viacom, Syndication, Research, Earnings, Time Warner, News Corp., Economy, Walt Disney Co.

Revision3 Tripled Revenue in 2008

Internet television network Revision3 tripled its revenue in 2008 and also signed more than 40 new deals this year with content providers including Hulu, YouTube, MySpace and Yahoo, Revision3 announced today. The news of the company’s growth comes just...

Published Mon, Nov 10 2008 9:42 AM by News

Filed under: Digital, Revision3, Earnings

NBC U Performs Beyond Expectations in Q3

Record ratings and double-digit growth at its cable properties helped NBC Universal beat expectations and stand out as a golden-haired child of parent company General Electric, which reported a 22% drop in net income for the third quarter. Considered...

Published Fri, Oct 10 2008 10:19 AM by News

Filed under: Broadcast, Cable, Digital, Syndication, NBC Universal, Earnings, NBCU, General Electric, GE

Soft Local Ad Sales Eat Into CBS' Q2 Profits

CBS Corp. eked out a 1.1% rise in profits for the quarter ended June 30. It got a boost from the sale of its stake in the Sundance Channel, but soft local advertising revenues and a prime-time ratings dip led it to lower expectations for the fiscal year...

Published Thu, Jul 31 2008 12:26 PM by News

Filed under: Broadcast, Cable, Digital, Earnings, Leslie Moonves, CBS Corp., Sundance Channel, CNET

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